Connect with us

Hi, what are you looking for?

Stock

American Electric Power Earnings Miss, Revenue Beats In Q3

Stock Markets13 minutes ago (Oct 28, 2021 07:15AM ET)

(C) Reuters. American Electric Power Earnings Miss, Revenue Beats In Q3

Investing.com – American Electric Power (NASDAQ:AEP) reported on Thursday third quarter earnings that missed analysts’ forecasts and revenue that topped expectations.

American Electric Power announced earnings per share of $1.43 on revenue of $4.6B. Analysts polled by Investing.com anticipated EPS of $1.46 on revenue of $4.31B.

American Electric Power shares are up 7% from the beginning of the year, still down 10.52% from its 52 week high of $94.21 set on November 9, 2020. They are under-performing the Dow Jones which is up 15.96% from the start of the year.

American Electric Power’s report follows an earnings beat by NextEra Energy on October 20, who reported EPS of $0.75 on revenue of $4.37B, compared to forecasts EPS of $0.716 on revenue of $5.44B.

Kinder Morgan had missed expectations on October 20 with third quarter EPS of $0.22 on revenue of $3.82B, compared to forecast for EPS of $0.237 on revenue of $3.26B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

American Electric Power Earnings Miss, Revenue Beats In Q3

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

World News

Insomnia is the most common sleep disorder in the global population. Therefore, it is a problem that many people suffer or have suffered...

World News

George Soros and Bill Gates are part of a consortium acquiring a British developer of rapid-testing technology, including for Covid-19 and tropical diseases,...

Tech

If you parked your car in one of the thousands of parking spots across Calgary, there’s a good chance you paid the Calgary Parking...

Investing

ForexMay 27, 2021 02:04AM ET (C) Reuters. By Peter Nurse Investing.com — The dollar edged higher in early European trade Thursday, finding support from...

Disclaimer: Yourmorningvoice.com it's managers and its employees (collectively "The Company") do not make any guarantee or warranty about what is advertised or above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. Copyright © 2021 Your Morning Voice. All Rights Reserved